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DATATRAK International, Inc. Announces Fourth Quarter and Full Year Results for 2010
Date:3/22/2011

>$18,431

$(657,274)Net income (loss) per share:Basic:Net income (loss) per shares

$0.00

$(0.05)Weighted average shares outstanding

14,065,845

13,706,901Diluted:Net income (loss) per share

$0.00

$(0.05)Weighted-average shares outstanding

14,528,492

13,706,901DATATRAK International, Inc. and SubsidiariesCondensed Consolidated Statements of Operations(Unaudited) For the Twelve Months Ended December 31,2010

2009Revenue

$7,390,660

$6,935,268Direct costs

1,170,847

1,786,775   Gross profit

6,219,813

5,148,493Selling, general and administrative expenses

6,098,948

6,106,034Severance (reduction) expense

(172,362)

551,218Depreciation and amortization

179,758

389,187   Income (loss) from operations

113,469

(1,897,946)Interest income

821

5,380Interest expense

(12,484)

(15,288)Other expense

(697)

---   Income (loss) before income taxes

101,109

(1,907,854)Income tax expense

---

---   Net income (loss)

$101,109

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SOURCE DATATRAK International, Inc.
Copyright©2010 PR Newswire.
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